Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Use the table below to answer the next two questions: Sample Data Category Value Employed* 162,588 Unemployed* ? Unemployment rate 4.20% Labor force* ? Not
Use the table below to answer the next two questions: Sample Data Category Value Employed* 162,588 Unemployed* ? Unemployment rate 4.20% Labor force* ? Not in labor force* Working-age population Labor force participation rate 62.70% Employment-population ratio "Numbers in Thousands Question 7 2 pts Calculate the employment to population ratio, rounding to the nearest 2 decimal places: (Note: do not include the percent sign in your answer.) Question 8 2 pts Calculate the total labor force, rounding to the nearest whole number: 169,716
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started